Archangel Ventures 2021 - A year in review
Archangel Ventures reviews 2021: the Australian early-stage firm closed its first annual fund, made 24 investments, and recalls portfolio raises by Atelier, Bardee, Heaps Normal and Relevance AI.
Startup · $13m raised · Manufacturing
Platform helping brands design, manufacture and scale beauty and skincare products
Sydney, NSW
Every investor coverage indicates participated in a round Atelier raised.
| Investor | Rounds | Invested |
|---|---|---|
| Ten13 | Series A | - |
| Our Innovation Fund | Seed | - |
| OIF Ventures | Seed | - |
| Macquarie Capital | Series A | - |
| Geoff Tarrant | Series A | - |
| Daniel Attia | Series A | - |
| Archangel Ventures | Series A | - |
Companies Atelier acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Nick Benson | CEO · Founder | Ten13, SmartCompany, Our Innovation Fund (2 Dec 2021), Our Innovation Fund (1 Dec 2021) |
| Nick Hudson | CRO · Founder | Ten13, SmartCompany, Our Innovation Fund (2 Dec 2021), Our Innovation Fund (1 Dec 2021) |
Stories naming Atelier. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Archangel Ventures reviews 2021: the Australian early-stage firm closed its first annual fund, made 24 investments, and recalls portfolio raises by Atelier, Bardee, Heaps Normal and Relevance AI.
Ten13's blog post sets out why it backed Atelier, a beauty-manufacturing platform, in a post-seed deal roughly a year ahead of Atelier's Macquarie-led $10m Series A.
Also SmartCompany
Weekly roundup detailing six Australian raises: Q-CTRL's Series B extension, plus fresh capital for Mutinex, Atelier, Rosterfy, Build Club and Axify.ai, naming lead investors and founders throughout.
TEN13's investor letter celebrates passing $100 million deployed, plus fresh backing for iion and Switchboard, team promotions, AutoGrab's overseas growth and NZ-arm sale, and the Mr Yum–Me&U merger.
OIF Ventures' third monthly portfolio roundup: XM Cyber's roughly billion-dollar sale to Schwarz Group, Assignar's secondary raise, new investments in Inspace, mod.io and Atelier, plus portfolio awards, customers and product launches.
OIF announces it followed on into Atelier's $3 million seed round. Atelier's marketplace helps creators and brands manufacture and launch beauty and wellness products; OIF first backed the company's December 2020 pre-seed.